A sharp fall in equity prices and the financial turbulence saw the AP3 portfolio record a negative return for the first six months of the year. The net loss was SEK 17.9 billion, corresponding to a return of -8.0 % after expenses.
Fund capital stood at SEK 207.6 billion on 30 June, a decrease of SEK 17.3 billion since the start of the year.
AP3 has generated total returns of SEK 52.7 billion since inception in 2001. Including net inflows, fund capital has risen by SEK 73.6 billion in this period.